KEL-CO FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.kelcofcu.org for more information.
Sep, 30, 2025 — KEL-CO FEDERAL CREDIT UNION is a federal credit union headquartered in CUMBERLAND, MD with 1 branch location and about $51.55 million in total assets. Opened 71 years ago in 1955, KEL-CO FEDERAL CREDIT UNION has about 3,881 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | KEL-CO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 321 GREENE STREET CUMBERLAND, MD 21502 |
| Phone: | (301) 777-8100 |
| Fax: | (301) 777-2879 |
| Website: | https://www.kelcofcu.org |
| Branches: | 1 branch locations |
| Members: | 3,881 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9965 |
|---|---|
| Membership Type: | Multiple common bond - Primarily other manufacturing |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $51,554,348 |
| CEO/Manager: | Kevin P Logan |
| Chairperson: | James C Soulsby |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 21,398,593 |
| TOTAL INVESTMENTS | 10,391,389 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,886,503 |
| Unsecured Loans | 1,275,807 |
| Other Loans | 6,672,857 |
| TOTAL LOANS | 17,835,167 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -193,313 |
| Land And Building | 124,400 |
| Other Fixed Assets | 120,142 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 432,013 |
| All Other Assets | 1,445,957 |
| TOTAL ASSETS | 51,554,348 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 81,422 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 10,980,454 |
| Regular shares | 26,710,409 |
| All Other Shares & Deposits | 7,095,751 |
| TOTAL SHARES & DEPOSITS | 44,786,614 |
| TOTAL LIABILITIES | 44,868,036 |
| Regular Reserve | 1,774,057 |
| Other Reserves | -733,007 |
| Undivided Earnings | 5,645,262 |
| TOTAL EQUITY | 6,686,312 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 51,554,348 |
| INCOME & EXPENSE | |
| Loan Income | 217,772 |
| Investment Income | 55,576 |
| Other Income | 19,668 |
| Total Employee Compensation & Benefits | 187,587 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 365,674 |
| Non-operating Income & (Expense) | -14 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 19,414 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -254,288 |
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